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U.K. borrowing costs rise in volatile trade after budget delivered
U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...Business - MarketWatch - October 30 -
U.K. to Review Merger Probes Approach
The U.K.’s competition regulator plans to review how it inspects big mergers and whether more can be cleared without forcing businesses to sell assets.Business - The Wall Street Journal - 3 days ago -
What are the cheapest borrowing options this November?
Trying to find the most affordable loans right now? These options come with some of the lowest rates available now.Top stories - CBS News - October 28 -
U.K. Budget Makes a Big Bet on Spending for Growth
The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.Business - The New York Times - October 31 -
U.K. government cuts NatWest stake by £1 billion
The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.Business - MarketWatch - November 11 -
Treasury trims fourth-quarter borrowing estimate
The Treasury Department said Monday that it expects to borrow $546 billion in the fourth quarter, which is $19 billion lower than previously estimated.Business - MarketWatch - October 28 -
Chris Mason: A change-making Budget and a moment of jeopardy
The government's fate will depend on whether it can make things better, says political editor Chris Mason.Top stories - BBC News - October 31 -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - October 31 -
Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy
Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.Top stories - BBC News - November 1 -
UK government borrowing for October exceeds forecasts at £17.4bn
Data highlights challenges facing chancellor Rachel ReevesWorld - Financial Times - 3 days ago -
What Trump Means for Small Business Borrowing
Banks and lenders are hoping that certain regulations can be relaxed to better spur economic growth.Business - Inc. - 23 hours ago -
Tommy Robinson, U.K. Anti-immigrant Agitator, Jailed for Contempt of Court
The founder of the English Defence League was sentenced to 18 months for ignoring a court order to stop making false claims about a teenage Syrian refugee.World - The New York Times - October 29 -
In U.K. Budget, Labour’s First Big Political Moment Offers Risk and Reward
British Prime Minister Keir Starmer’s government has stumbled since his party won a landslide victory, but the financial plan to be announced on Wednesday offers a possible relaunch.World - The New York Times - October 29 -
U.K. to lift minimum wage to $15.84 an hour. Here’s how it compares to the U.S.
The U.K.’s chancellor of the exchequer confirmed the government will lift the U.K.’s national minimum wage by 6.7% in April 2025 to hourly rates of £12.21 ($15.84)Business - MarketWatch - October 30 -
Former U.K. Prime Minister Boris Johnson on new memoir and the U.S. election
Boris Johnson joins "CBS Mornings" to talk about his new memoir, his time as British Prime Minister, his role in Brexit and offers his views on the current U.S. presidential election.Top stories - CBS News - October 31 -
U.K. Confirms New Cases of Clade Ib Type of Mpox
The authorities said the risk of a rapid spread remained low because the new cases had had household contact with the first infected person.World - The New York Times - November 6 -
Princess Kate attends U.K.'s annual Remembrance events
Catherine, Princess of Wales, attended her first major royal occasion since ending chemotherapy for her cancer treatment.Top stories - CBS News - November 9 -
U.K. ambassador says "it's no say" for European leaders to discuss what Trump will do
Karen Pierce, Britain's ambassador to the U.S., tells "Face the Nation with Margaret Brennan," that amid the world reaction to President-elect Donald Trump's return to the White House, "it's for ...Politics - CBS News - November 10 -
Archbishop of Canterbury Resigns Over U.K. Church Abuse Scandal
The Most Rev. Justin Welby, the leader of 85 million Anglicans worldwide, announced his resignation days after a report found he had taken insufficient action over claims of abuse.World - The New York Times - November 13 -
U.K. Plans to Fine Tech Executives for Illegal Weapon Sales Online
In a bid to curb knife crime, the government would hold officials of tech companies personally liable for illicit sales on their platforms, a significant shift in internet regulation.World - The New York Times - November 13 -
Jets scrambled after Russia spy plane spotted near U.K. airspace
The Royal Navy also shadowed Russian military vessels passing through the English Channel this week, officials said.Top stories - CBS News - November 15 -
U.K. Farmers Protest in London Over Inheritance Tax Change
Farms worth more than about $1.3 million will face an estate tax from 2026, ending a previous exemption and prompting anger in some rural communities.World - The New York Times - 5 days ago -
Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance
The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.Business - The Wall Street Journal - 5 days ago -
Investors should pick up ‘cheap’ U.K. stocks, UBS says
UBS analysts noted U.K. stocks are currently “abnormally cheap” with almost all sectors trading at double discounts compared to their U.S. counterpartsBusiness - MarketWatch - 5 days ago -
Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance
The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.Tech - The Wall Street Journal - 5 days ago -
One Direction bandmates arrive to mourn Liam Payne at star's funeral
One Direction star Liam Payne’s funeral was held Wednesday after he died falling from a hotel balcony in Argentina’s capital, Buenos Aires.Top stories - NBC News - 4 days ago -
Biden Approves Antipersonnel Mines for Ukraine
The move is part of a broader push to counter the Russian military and provide Ukraine with more leverage in possible negotiations.World - The Wall Street Journal - 3 days ago -
Ellen DeGeneres and Portia de Rossi are reportedly expats in the U.K. — because Trump?
Ellen DeGeneres and Portia de Rossi are now reportedly at home in Britain's Cotswolds, having left their beloved Montecito behind. Blame Trump, or thank him?Entertainment - Los Angeles Times - 3 days ago -
U.K. Competition Watchdog Recommends Investigating Apple, Google Mobile Ecosystems
The U.K.’s Competition and Markets Authority said its experts recommended investigating Apple and Google’s dominance in smartphones under the country’s new digital competition rules, alleging the ...Tech - The Wall Street Journal - 2 days ago -
Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship
The proposal, which faces tough legal prospects, would offer forgiveness to millions of borrowers who are unable to pay back their loans because of financial setbacks.Business - The New York Times - October 26 -
Bond market braced for rise in UK debt issuance to £300bn this year
Investment banks pencil in second-biggest annual gilt sales figure on record ahead of Labour’s first BudgetBusiness - Financial Times - October 28 -
Beijing considers $1.4 trillion borrowing increase to support economy: Reuters
Fresh stimulus would help local authorities resolve off balance-sheet debtBusiness - MarketWatch - October 29 -
Small Business Owners More Confident About Borrowing After Rate Cut
Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.Business - Inc. - October 29 -
Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy
The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.World - The Wall Street Journal - October 30 -
UK borrowing costs rise as Reeves’ spending plans unnerve investors
Ten-year gilt yield hits five-month high after chancellor’s first BudgetBusiness - Financial Times - October 30 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say
"It isn't anything like we saw with the Trussonomics mini-budget when that spike really was high after those unfunded tax cuts came in," one analyst said.Business - CNBC - November 1
